Women and Money - The Real Story
Women's attitudes to money reveal a BIG gap between attitude and action.
An Australian government’s research report on women and money revealed that it’s women’s attitudes and beliefs about money that gets in the way of managing money better.
As women, generally speaking, we think we manage money well - but what we actually do is another story.
We are more prone to financial difficulties than men.
The facts - women have:
In short, this becomes a recipe for poverty and financial stress – particularly when we’re older - unless we do something right now.
An Australian government’s research report on women and money revealed that it’s women’s attitudes and beliefs about money that gets in the way of managing money better.
As women, generally speaking, we think we manage money well - but what we actually do is another story.
We are more prone to financial difficulties than men.
The facts - women have:
- lower average incomes
- broken work patterns – because they take time off for family
- lower participation rates when it comes to superannuation
- less superannuation
In short, this becomes a recipe for poverty and financial stress – particularly when we’re older - unless we do something right now.